Incorporation fees:
In 1 August 2003 the Delaware state increased the incorporation fees.
A complete package to form a Delaware Corporation is now US$
559
($60 increase)
One person is enough to incorporate a company.
This fee includes:
State filing fees, registered agent service until
March 1- next year for corporations or June 1- next year for LLCs, ($99) a certified copy with Apostille
(with gold seal), - you need this to open a bank account, our service fee.
Options: $75
deluxe corporate kit (which includes the
corporate seal, bylaws, stock certificates, stock transfer ledger and
corporate minutes) $100 courier delivery of your documents and kit by Airborne Express NOMINEE
director: $300 / year. $75 expedited service fee: Delaware corporations are formed within 24
hours of receipt of payment and we receive the documents from the state in 2-4
weeks. With expedited service, we will receive all documents in 3 to 4 business
days. $110 : 1 day expedited service fee:
Mail forwarding :
- Max. 60 pieces mail/one year US$350
- Max. 120 pieces mail/one year US$440
Phone/Fax forwarding to email: $15.00 monthly service fee
Numbers available in any of these US States:
$225 Tax ID (EIN) Required if you will want a US bank account.
See here EIN data sheet
Annual fees: $199
registered agent. $60
for Ltd or $200 for LLC, annual fixed state tax. The state fee is due in the
first year after the incorporation.
Annual franchise tax for Ltd type of companies,
based on authorized shares.
3,000 shares or less (minimum
tax) $60.00
3,001 - 5,000 shares - $82.50
5,001 - 10,000 shares - $132.50
each additional 10,000 shares or
portion thereof add $62.50
maximum yearly tax is $165,000.00
We usually file new companies with 1500 shares, to
qualify for minimum state tax of $60.
Note: We recommend LLC. type, because starting with 2007, Ltd companies will
have to fill a tax report, with
director name, address and signature, and the original must be sent to Delaware
state registry.
For your convenience, we have included a
Cost Calculator
in the order form:
Delaware USA phone
forwarding service:
You will receive a telephone
number in Delaware. You would need to give
us a telephone number where you want to the line to ring and all calls will be
automatically forwarded to that line.
We have a $400 setup fee, plus $50 per month line fee.
In addition, you will also be responsible for all long distance charges (you
will need a credit card to pay for these charges)
We can send you an itemized long distance bill monthly by e-mail attachment.
We would need a 3 month deposit ($150).
Apostille: For countries where apostille is not available, because are
not part of Hague
Convention number 12: Convention Abolishing the Requirement of Legalization for
Foreign Public Documents, the documents can be authenticated by the customer
county's consulate or embassy.
(The list for this specific convention is at
http://www.hcch.net/e/status/legshte.html )
Procedure:
The documents would need to be first notarized, then certified by the State of
Delaware, then authenticated by the US Department of State and then sent to the
consulate for authentication.
The cost per document would be $350, which would include the fee to the
Embassy.
We do not advise you to open a bank account in US.
A company can have the bank account anywhere else
If you open a bank acc in US , you will need to get the
EIN, which imply you
will need to file accounting records.
STANDARD SERVICE
Our standard incorporation service includes
preparation and filing of the Articles or Certificate of Incorporation with the
State of Incorporation and paying the State Filing fees and any county fees or
publishing required.
ADDITIONAL SERVICES INCLUDE:
Registered Agent Services in all 50 States -
If you need a registered agent ( a physical address within the State of
Incorporation for service of process), we can provide that service for $99 per
year in Delaware and $199 per year in any other State.
Expedited Service ($75)
Foreign Qualifications
Amendments
Dissolutions
Document Retrieval
UCC Searches
Preparation of IRS form SS4 to obtain a
Federal Identification Number - $150
If you need the EIN, you need to fill this form.You can not use our address for mail forwarding service.
Preparation of IRS form 2553 "S" corporation
elections - $50.00
Authentication and legalization of documents
for use in other countries
Mail and fax-forwarding
Nominee directors
Change of name of a company: We would need
to file an Amendment which would be $400, plus $150 if you need it Certified
and Apostille. If you need a new kit the cost would be $75 as usual, plus
$100 to send it by courier.
Ltd have DIRECTORS, LLC have MANAGERS.
These names will be in the POA, and they operate the accounts.
Annual STATE tax for LTD id $60 and for LLC
is $200
In the annual state tax form for an LTD you
must fill:
director name and address,
principal place of business outside of
Delaware
Nature of business.
and director must sign
The LLC form does not need to be filled or
submitted.
(that's a major advantage for privacy protection)
The annual franchise tax is based on the
total number of authorized shares of stock regardless of the par value or
capital. It is $90 for the first 10,000 shares of stock authorized plus $50 for
each additional 10,000 shares of stock or part thereof.
Key issues you should know:
DELAWARE'S CORPORATE ADVANTAGE
Delaware is considered the most attractive
state in the nation for organizing.
Delaware courts have a reputation of
reaching reasonable and fair conclusions when construing the corporation laws.
Only one incorporator is
required. A corporation may be the incorporator.
There is no minimum capital
requirement.
The franchise tax compares favorably with
that of other states (usually $30/year).
For companies doing business outside of
Delaware, there is no corporation income tax.
Delaware has no sales tax, personal
property tax or intangible property tax on corporations.
No taxation upon shares of stock held by
non-residents and no inheritance tax upon non-resident holders.
A corporation may keep all of its books and
records outside of Delaware.
You may have a principal place of
business/address outside of the State of Delaware as well.
Regarding the Federal taxes:
if you are US citizen or US resident (US taxpayer)
and you file taxes in the US, a LLC is treated
asa partnership and is not subject to corporate
income tax.
Any profits orlosses are passed through to the
members of the LLC to report on their
personal income tax. Therefore, The LLC DOES NOT PAY ANY INCOME TAXES!
FACTS:
Delaware has a reputation as a
corporate haven and has aggressively protected its stature as the
incorporating capital of the United States. As a result, many of the Fortune
500 companies in the United States are incorporated in Delaware. They went to
Delaware to protect the interests of their stockholders, directors, officers,
and the corporation itself. More than 230,000 companies are incorporated
in Delaware, which leads the nation as a major corporate domicile for American
and international corporations. Each day, over 130 new companies file
incorporation papers in Delaware.
Delaware ’s
corporation law is written to protect the rights of shareholders of the public
corporations that are the standard-bearers in the Delaware corporation system.
The emphasis is placed on shareholder protections to attract the large, public
companies that trade shares in the various exchanges across the country. It’s
laws regarding corporate takeovers are the most sophisticated in the entire
world. There is established legal precedent for any conceivable corporate
situation. It is a stable legal environment for many public companies to use
as their base.
Our opinion:
In a country were money dictates over
politics, there are NO chances that offshore benefits will EVER be cancelled
(compared for example with Channel Islands where pressure mounts against
offshore benefits).
Please go to our
Uses of offshore Companies Page where you
will find interesting information on the benefits of using offshore companies
and trusts for business and personal use, links to information on other
locations and details of our products and services.